Boeing settles satellite lawsuit with ICO Global

Published June 27, 2012 11:10pm ET



LOS ANGELES (AP) — A global communications company has settled its multi-million-dollar lawsuit against Boeing over a failed effort to launch a fleet of satellites.

ICO Global Communications Ltd. announced this week that Boeing Co. has agreed to pay $10 million and waive appellate legal costs. The move averted a protracted battle to win review by the California Supreme Court.

Already a print subscriber? Click here to login/register your account

Trusted reporting.Unlimited access.

Subscribe for full access to Washington Examiner coverage, expert political analysis, and subscriber-only journalism.

Get Unlimited Access

Already a member? Log in

Cancel anytime.